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5970 S Vermont Ave, Los Angeles, CA 90044
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5970 S Vermont Ave Los Angeles, CA 90044

$2,498,000
  • -- Beds
  • -- Baths
  • 5,180 Sq.Ft.
For Sale
$2,498,000 Get Pre-Qualified
Map preview of 5970 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 5970 S Vermont Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,180 living square feet and 11,027 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Location! Location! Location ! This commercial retail plaza is composed by two parcels with large parking lot ( fenced) which is one story. There are 5 units that are recently renovated. Total building is 5,180 square feet.on lot size of 11027 sqft on the corner of Vermont and 60th street in DTLA very close to USC , built in 1931. It has 9 parking spots, fully built-out, brand new LED lights, high ceiling , new paint and new landscaping. Zoning is retail.

Listed by Yuemei Cheng | BRE #01953253 | Re/Max Prestige Properties
Last checked: 11 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 85
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Home details

Lot Sq. Ft
11,027
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Retail
Status
Active
MLS#
AR24121235
City
Los Angeles
County
Los Angeles
Time on Site
93 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,300
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,400
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,500
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,300
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.31%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,000
  • Net Operating Income: $57,685
  • Gross Operating Income: --
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $7,000
  • Professional Management: $9,600

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Property Details for 5970 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Cross Fenced, Excellent Condition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Common Interest: None
Property Information
  • Total # of Units: 15
  • Parcel Number: 6004007022
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
Location / Neighborhood
Location Information
  • Directions: Get on I-10 W in El Monte from S Santa Anita Ave 17 min (6.1 mi) Continue on I-10 W. Take San Bernardino Fwy, CA-110 and I-110 S to S Flower St in Los Angeles. Take exit 18A from I-110 S 24 min (18.6 mi) Follow W Gage Ave and S Vermont Ave to your
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Local Los Angeles Agent

Sale History for 5970 S Vermont Ave

Last sold for $1,200,000 on March 19th, 2020

  • June, 2024

  • Jun 18, 2024

    Date

    Active

    CRMLS: AR24121235

    $2,498,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: AR23107475

    --

    Price

  • Jun 23, 2023

    Date

    Active

    CRMLS: AR23107475

    --

    Price

  • Listing provided courtesy of CRMLS

    This property is one story with 4 units are fully renovated located at 5970 South Vermont Avenue, Los Angeles, CA 90044. It has a total of 5,180 square feet rentable on lot size of 16,120 sqft on the corner of Vermont and 60th street in DTLA close to USC , built in 1931. 9 parking spots, fully built-out, brand new LED lights.

  • March, 2020

  • Mar 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • January, 2019

  • Jan 15, 2019

    Date

    Active

    CRMLS: 19424720

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    BUILDER'S DREAM, TWO PARCELS ZONED C-2. 3,680 SQ. FT. OF RETAIL PLUS PARKING LOT OF 5,089 SQ. FT., TOTAL LAND OF 11,026. Lots 26 & 27.DEVELOPMENT OPPORTUNITY, CORNER LOT. Build strip center, laundromat, fast food,church, gas station, mechanical garage, school,check with City. Can be owner-user, remodel and customize to new use, currently four store fronts, with great parking, .Great up and coming area, please don't disturb current occupants, showings only by appointment, Currently four rented month to month stores, can be delivered vacant. Don't let your client miss out on this up & coming area with tons of potential. Call to arrange tour.REDUCED $1,399,000 !BUYER COULDN'T PERFORM, NOW AVAILABLE, DELIVERED VACANT, POTENTIAL GROSS OF $10,300 per mo.

  • April, 2002

  • Apr 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

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Tax History for 5970 S Vermont Ave

Assessed Value (2020): $337,685
Year Land Value Improved Value Assessed Value
2020 $202,612 $135,073 $337,685

Home Value Compared to the Market

This property vs the competition

5970 S Vermont Ave is listed 108.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $482.24 per/sqft which puts the price per square foot 37.21% lower than the median price per square foot for the city of Los Angeles.

About 5970 S Vermont Ave

Detailed summary of property

5970 S Vermont Ave is a retail located in Los Angeles, CA 90044 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 5,180 living square feet, and sits on an approximately 11,027 square foot lot. 5970 S Vermont Ave was first listed on ArdentRealEstateGroup.com on June 18, 2024. The homeowner is currently asking $2,498,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.17% higher than the median priced home. Local competing homes currently for sale include 14316 Amar Rd, 150 W Whittier Blvd and 410 S Euclid St. While the average home in Los Angeles, CA is selling in 106 days, 5970 S Vermont Ave has a days on market of 85 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5970 S Vermont Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5970 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
3,680
Lot Size
5,937
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
26,27
APN
6004-007-022

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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